Shafique Katumba, popularly known as Katsha De’Bank is a computer programmer, IT specialist, and well-known from Uganda. He is the founder and CEO of the Katsche Technology group based in South Africa.
He is one of the wealthiest businessmen in Uganda who owns other companies such as the Money Team Africa. Even though Katsha De’Bank is a businessman, he is widely recognized for his flashy lifestyle.
This article deals with the professional and personal life of Katsha De’Bank. Keep on reading to learn about Kash De’Bank
Who Is Katsha De’Bank?
Katsha De’bank is also well known by the name “Warren Buffet of Uganda”. He puts a lot of effort into building up a sizable fortune as the founder of numerous businesses. Due to his quick rise financially, he earned the name “Warren Buffet of Uganda.”
Katsha De’Bank earned most of his wealth through real estate, banking, technology, and hosting sectors.
Katsha De’Bank was born and brought up in Kampala. He is the second son of Al Haji Nasri Sekitoreko and Monica Kabali. He was born on May 29, 1988, at Kampala Mulago Hospital.
What Is The Educational Background Of Katsha De’Bank?
Katsha De’Bank did his primary education at Catherine Primary School. He was the only student in the Kayunga district to receive a Distinction in Mathematics in Kangulumira in 2002.
After completing his basic schooling, Katsha De’Bank continued his studies at Yale High School in Kayunga. He graduated from the school in 2003.
Afterward, he went on to Saint Pontiano Ngondwe Senior Secondary, where he graduated in 2006.
How Did Katsha De’Bank Begin His Career?
After completing his school studies, Katsha De’Bank’s mother gave his money to travel to the United States to continue his studies there. He applied to Harvard University twice but was turned down.
Due to the continued rejection from the university, he decided to use all the money he had for his studies to start a software company. It was the breakthrough he had that made him a millionaire.
The Kashta International College in South Africa, which has up to five locations, is run by Kashta De’Bank. It has its headquarters in Johannesburg. According to the reports, the college is having an international standard and offers top-quality instruction to both residents and international students.
Many students enrolling in several courses offered by these colleges are taught by well-known professors around the world. The college authorities provide the students with accommodation also.
He founded Worlhost.com, Thekatsha Foundation.org, and Katschetechgroup.com as well. Worlhost.com and Thekatshafoundation.org are companies that operate in South Africa and Uganda and focused on information technology and computers.
In august 2019, he established Thekatshafoundation.org in Uganda to support young underprivileged students in getting a good education. He claimed that he was interested in learning how many minors were being employed in Uganda’s labor market illegally.
Katsha disclosed that he would establish a school in Mityana where all the recipients would receive an education from primary to high school.
The foundation is actively engaged in many other social activities but the important one among them is education. De’Bank has a dream to see every child from an underprivileged class be admitted and given high-quality education.
The organization not only gave education to underprivileged students but also gave financial support to them. He wanted to make those students a significant resource for society.
Who Is Kashta De’Bank’s Girlfriend? Does He Have Any Children?
Kashta De’Bank has been dating Shakirah Kayihura since 2015. When the couple started dating there were numerous rumors that their relationship wouldn’t last long and certain people claimed that Shakirah is not hot enough to date De’Bank.
But the couple is still having a good relationship and also they together have two beautiful children.
De’Bank and Shakirah had their first child in the next year that they started dating and the second child in 2017. They named their first child Prince Shahzad Katumba and the second one Shahmeen Katumba.
The couple is having a great time together with their children celebrating the success of Kashta De’Bank.
How Much Is The Net Worth Of Kashta De’Bank?
Kashta De Bank is known as one of the wealthiest people in Uganda and also as a successful business tycoon. The 35-year-old Ugandan businessman is supposed to have an estimated net worth of $35 million.
Apart from being a businessman, De’Bank is mostly known for his luxury and stylish lifestyle. He is very much interested in luxury cars and so he owns various cars.
Mclaren MP4-12C, Bentley Continental GT, Lamborghini Gallardo, Maserati Quattroporte, and BMW i4 are a few of the cars that Kashta De’Bank owns.
What Was The Controversy That Kashta De’Bank Came Across?
In 2015, De’Bank was arrested in South Africa on suspicion of fraud. The alleged fraud has caused the South African government financial loss. However, later that year, the court ordered his release on bail.